In a filing, Sprouts Farmers Market Inc revealed its President & COO Konat Nicholas unloaded Company’s shares for reported $1.61 million on Mar 24 ’25. In the deal valued at $143.13 per share,11,283 shares were sold. As a result of this transaction, Konat Nicholas now holds 55,675 shares worth roughly $8.23 million.
Then, Nicholas Konat bought 11,283 shares, generating $1,614,936 in total proceeds.
Before that, Coffin Kim sold 313 shares. Sprouts Farmers Market Inc shares valued at $43,641 were divested by the SVP, Chief Forager at a price of $139.43 per share. As a result of the transaction, Coffin Kim now holds 12,312 shares, worth roughly $1.82 million.
Deutsche Bank upgraded its Sprouts Farmers Market Inc [SFM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. Evercore ISI also remained covering SFM and has increased its forecast on September 16, 2024 with a “an Outperform” recommendation from previously “an In-line” rating. RBC Capital Mkts started covering the stock on September 12, 2024. It rated SFM as “a Sector perform”.
Price Performance Review of SFM
On Friday, Sprouts Farmers Market Inc [NASDAQ:SFM] saw its stock fall -0.37% to $147.76. Over the last five days, the stock has gained 3.77%. Sprouts Farmers Market Inc shares have risen nearly 16.28% since the year began. Nevertheless, the stocks have risen 131.19% over the past one year. While a 52-week high of $178.99 was reached on 02/18/25, a 52-week low of $61.61 was recorded on 01/02/25. SMA at 50 days reached $151.04, while 200 days put it at $122.14.
Levels Of Support And Resistance For SFM Stock
The 24-hour chart illustrates a support level at 145.49, which if violated will result in even more drops to 143.23. On the upside, there is a resistance level at 149.44. A further resistance level may holdings at 151.13. The Relative Strength Index (RSI) on the 14-day chart is 52.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.73%. Stochastics %K at 84.60% indicates the stock is a selling.
How much short interest is there in Sprouts Farmers Market Inc?
A steep rise in short interest was recorded in Sprouts Farmers Market Inc stocks on 2025-03-14, dropping by -0.41 million shares to a total of 6.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.65 million shares. There was a decline of -6.61%, which implies that there is a negative sentiment for the stock.
